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Type: Investment
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Property Type: Commercial
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Business Type: Apts-2 To 5 Units
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Zoning: RA-Residential
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Age: No Data
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Taxes: 6975
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MLS®#: W8289458
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Days on Site: 183 Days
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Added: Apr 29, 2024 (6 months ago)
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Updated:
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Last Checked: 9 hours ago
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Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
A unique opportunity to own a rarely available waterfront property only 10 minutes to downtown Toronto with 60 ft frontage on Lake Ontario. The property is currently an operating triplex with 3,685 sq ft of rentable area (includes 1,025 sq ft lower-level unit). Lower Level is 1,025 sq ft 900 sq ft apt includes 1 b/r, kitchen,Living/dining room, foyer, plus the laundry and furnace room. The property offers an Investor or end user an opportunity to improve/densify the existing building, hold it for aninvestment, or build their dream waterfront home. Live in the 3-level unit and collect rent! Detached 400 sq ft rear garage. Mutual drive and rear laneway access.
Extras
Mechanical updates (200 Amps,Gas Boiler, Windows, Wiring throughout, Plumbing). Suite updates. Great potential to densify the existing building and/or add a laneway suite. The Seller will hold a VTB mortgage for qualified buyers.
Property
Status: Sale
Type: Apts-2 To 5 Units
Property Type: Investment
Property Type: Apartment
Area: Toronto
Community: Mimico
Availability Date: TBD
Inside
Bathrooms: 4
Air Conditioning: N
Washrooms: 4
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Water Radiators
Elevator: None
Freestanding: Y
Water Supply: Municipal
Physically Handicapped-Equipped: N
Amps: 200
Parking
Garage Type: Double Detached
Covered Parking Spaces: 6
Fees
Tax Year: 2023
Taxes: $6,975
Taxes Type: Annual
Land
Cross Street: Lake Shore Blvd and
Municipality District: Toronto W06
Parcel Number: 076120113
Sewer: San+Storm
Lot Depth: 180 Feet
Lot Frontage: 35.76 Feet
Lot Irregularities: Irregular shape. see
Zoning: RA-Residential
Commercial Specific
Sprinklers: N
Total Area: 3685
Total Area Metric: Sq Ft
Area Influence: Major Highway
Area Influence: Public Transit
Lot Code: Lot
Survey: Y
Soil Test: N
Very Walkable
- Most errands can be accomplished on foot.
Good Transit
- Some errands can be accomplished by public transportation.
Very Bikeable
- Most errands can be accomplished on bike.
George R Gauld Junior School
Elementary: PublicSeventh Street Junior School
Elementary: PublicSt Teresa Catholic School
Elementary: CatholicSt Leo Catholic School
Elementary: CatholicSecond Street Junior Middle School
Elementary: PublicJohn English Junior Middle School
Elementary: PublicThe Student School
Secondary: PublicLakeshore Collegiate Institute
Secondary: PublicEtobicoke School of the Arts
Secondary: PublicEtobicoke Collegiate Institute
Secondary: PublicFather John Redmond Catholic Secondary School
Secondary: CatholicBishop Allen Academy Catholic Secondary School
Secondary: Catholic-
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